Prime Greenpoint Location: Situated in the heart of Greenpoint, Brooklyn, offering excellent access to major transit corridors and the Brooklyn-Queens Expressway.
Flexible Zoning: M1-1 zoning allows for a wide range of industrial, commercial, and creative uses, supporting adaptive reuse and redevelopment.
Development Potential: As-of-right commercial FAR of 1.00 and community facility FAR of 2.40, with up to 14,400 buildable SF for community facility use.
Strong Demographics: Over $959M in total consumer spend within a 1-mile radius and a 2025 estimated population of 61,667 within 1 mile.
Robust Infrastructure: Benefit from recent infrastructure upgrades, environmental remediation, and proximity to public transit including the G train and ferry.
Single-Story Warehouse: 6,000 SF building with 16-18′ ceiling heights and 60′ x 100′ lot dimensions, ideal for logistics, last-mile, or creative production.
Tax Efficient: Tentative real estate taxes for 2025/2026 are $25,813, equating to $4.30 per SF.
Investment Opportunity: Located in a neighborhood prioritized by NYC for industrial retention and adaptive reuse, supporting long-term value.